18/12/2016
Below are the 15 countries that exported the highest dollar value worth of watermelons during 2015:
Spain: US$331.7 million (24.8% of total watermelon exports)
Mexico: $316.9 million (23.7%)
United States: $125.8 million (9.4%)
Italy: $69.9 million (5.2%)
Netherlands: $60.8 million (4.5%)
Greece: $48.6 million (3.6%)
Morocco: $43.2 million (3.2%)
Vietnam: $37.4 million (2.8%)
Brazil: $27.1 million (2%)
China: $24.9 million (1.9%)
Guatemala: $24.6 million (1.8%)
Malaysia: $19.1 million (1.4%)
Hungary: $17.2 million (1.3%)
Iran: $15.6 million (1.2%)
Jordan: $14.3 million (1.1%)
The following countries posted the highest positive net exports for watermelons during 2015. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s watermelon exports and its import purchases for that same commodity.
Mexico: US$316.7 million (net export surplus up 30.3% since 2011)
Spain: $303.9 million (up 25.6%)
Greece: $48.1 million (up 27.3%)
Italy: $47.4 million (up 4.3%)
Morocco: $43.2 million (up 681.5%)
Vietnam: $36.6 million (down -3,835%)
Brazil: $27.1 million (up 94.9%)
Guatemala: $24.6 million (up 84.3%)
Malaysia: $18.6 million (up 12%)
Iran: $15.6 million (down -81.6%)
Jordan: $14.3 million (up 57%)
Panama: $14.1 million (down -14.7%)
Costa Rica: $14 million (up 8.1%)
Hungary: $13.5 million (up 34%)
Egypt: $13.1 million (up 8.9%)
Mexico has the highest surplus in the international trade of watermelons. In turn, this positive cashflow confirms Mexico’s strong competitive advantage for this specific product category.
The following countries posted the highest negative net exports for watermelons during 2015. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s watermelon import purchases and its exports for that same commodity.
United States: -US$235 billion (net export deficit up 98.2% since 2011)
Germany: -$190.8 million (up 37.1%)
Canada: -$117.8 million (up 16.1%)
France: -$73.2 million (up 29.2%)
United Kingdom: -$63.5 million (up 55.9%)
Poland: -$38.2 million (up 9%)
Czech Republic: -$25.5 million (down -2.2%)
Kuwait: -$21.3 million (up 21.8%)
Austria: -$20.5 million (up 24.1%)
Switzerland: -$19.4 million (up 45.2%)
Sweden: -$18.3 million (up 12.5%)
Norway: -$16.9 million (up 4.8%)
Netherlands: -$13.8 million (up 496.1%)
Singapore: -$13.5 million (up 70.1%)
Hong Kong: -$13.3 million (down -34.6%)
United States incurred the highest deficit in the international trade of watermelons. In turn, this negative cashflow highlights America’s strong competitive disadvantage for this specific product category but also signals opportunities for watermelon-supplying countries that help satisfy the powerful demand.